Gold rises with the decline in the dollar and US Treasury yields

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By 1815 GMT, it was gold In spot transactions, up 0.22 percent at $1,866.80 an ounce (ounce), after earlier touching $1,849.90, its lowest since February 16.

US gold futures rose 0.21 percent to $1,867.50 an ounce.

Ten-year US Treasury yields are below 3 percent today. On the other hand decreased dollar index Against a basket of competing currencies, which makes the precious metal less expensive for holders of other currencies.

Markets expect the Federal Reserve (the US central bank) to raise interest rates by 50 basis points at the conclusion of its two-day meeting on Wednesday in order to curb rising inflation.

Among other precious metals, fell silver price In spot transactions, 0.53 percent to $22.51 an ounce, while platinum rose 2.6 percent to $960.08 an ounce. Palladium rose 1.9 percent to $ 2259.60 an ounce.

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By 1815 GMT, it was gold In spot transactions, up 0.22 percent at $1,866.80 an ounce (ounce), after earlier touching $1,849.90, its lowest since February 16.

US gold futures rose 0.21 percent to $1,867.50 an ounce.

Ten-year US Treasury yields are below 3 percent today. On the other hand decreased dollar index Against a basket of competing currencies, which makes the precious metal less expensive for holders of other currencies.

Markets expect the Federal Reserve (the US central bank) to raise interest rates by 50 basis points at the conclusion of its two-day meeting on Wednesday in order to curb rising inflation.

Among other precious metals, fell silver price In spot transactions, 0.53 percent to $22.51 an ounce, while platinum rose 2.6 percent to $960.08 an ounce. Palladium rose 1.9 percent to $ 2259.60 an ounce.

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